Plan Ledger DOL Form 5500 · updated monthly

Fluor Corporation401(k) + ESOP (KSOP)

FLUOR CORPORATION EMPLOYEES SAVINGS INVESTMENT PLAN · IRVING, TX · plan year 2024

Reported admin expense ratio · 2024
0.07%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Fluor Corporation reported $2,502,000 in plan administrative expenses for 2024: 0.07% of average plan assets, above the peer median. Employer contributions averaged $8,660 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.067% to 0.074%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other construction employers. By assets it is the 40th-largest of 5,688 plans among Texas employers on file, and the 7th of 5,337 in construction. In 2024, employees put in $1.07 for every $1.00 the employer contributed; active participation has grown from 6,717 to 8,127 since 2022.

Plan summary
Net assets, end of year$3,528,542,000
Participants with balances14,087
Active participants8,127
Employer contributions$70,379,000
Employee contributions$75,483,000
Employer contribution per active participant$8,660
Average account balance$250,482
Benefits paid to participants$294,676,000
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.5B · 14,087 accts · $70.4M emplr
2023$3.3B · 13,971 accts · $63.4M emplr
2022$3.0B · 13,978 accts · $56.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$691,000
Investment management$1,471,000
Audit (IQPA)$125,000
Trustee / custodial$55,000
Total administrative$2,502,000
The Fluor Corporation 401(k) match · 2024
Employer contribution per active participant$8,660
Median for plans this size$5,259
2024$8,660 per active participant
2023$8,778 per active participant
2022$8,347 per active participant

Fluor Corporation's 2024 employer contribution ran above the $5,259 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
VOYA INSTITUTIONAL PN SERVICES, LLC · Recordkeeping · Loan processing$698,411
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$1,470,921
WATSON WYATT INVESTMENT CONSULTING · Actuarial$158,200
ERNST AND YOUNG LLP · Accounting / audit$124,500
NORTHERN TRUST COMPANY · Trustee$55,450

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Voya
2023Voya

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$2,502,000 · 0.07%
2023$2,416,000 · 0.08%
2022$2,210,000 · 0.07%
Same employer
Similar plansConstruction · Texas
Peter Kiewit Sons, Inc. NE$2.8B · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330927079 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.